Refer to the Information for This Hypothetical Economy Provided in Table

question 160

Multiple Choice

Refer to the information for this hypothetical economy provided in Table 5.1 below to answer the questions that follow.
Table 5.1
2014 2015 2016

-Refer to Table 5.1. The period from after the fourth quarter of 2014 until before the first quarter of 2016 can be categorized as a period of

• A) high inflation.
• B) low unemployment.
• C) high production.
• D) high unemployment.